With a new governor, oil prices diving and a $3.5 billion budget deficit, Alaska is struggling with the fate of several public works “mega projects” major contractors have spent years developing. In December, Gov. Bill Walker issued an executive order that ended new work and spending commitments on six of the state’s energy and transportation developments meant to revolutionize Alaska’s economy and generate thousands upon thousands of construction jobs over the next 20 years.
ET-DSM Advanced Biofuels’ commercial activities will be moving forward under the leadership of the joint venture’s first president: Dan Cummings.
Last week, ESG Architects and developer Schafer Richardson released plans for a high-rise apartment development proposed to replace the historic Nye’s Polonaise Room.
Minnesota’s seasonally adjusted unemployment rate fell to 3.6 percent in December, according to January figures from Minnesota Department of Employment and Economic Development (DEED). The U.S. unemployment rate was 5.6 percent.